LEARNING OUTCOMES
This course is designed to enhance student's understanding of the dynamic challenges faced by entrepreneurial ventures in securing financial backing to support future growth and development. After this course, participants can: a) identify and assess various sources of finance to support entrepreneurial ventures, b) interpret information presented in historical financial statements and forward looking projections, c) evaluate the "value" of a venture, and d) understand the dynamics of negotiation and structuring deals.
Credits: 5
Schedule: 28.02.2022 - 10.04.2022
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Peter Kelly
Contact information for the course (applies in this implementation):
The course lead is Dr Peter Kelly
peter.kelly@aalto.fi (email) +358 041 503 4508 (mobile) Tuas Talo (2168) next to Aalto Ventures Program (2nd floor)
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Sources of finance (crowdfunding, bootstrapping, debt, business angel and venture capital investment), Pricing equity stakes (valuation), Negotiating shareholders agreements, Managing venture development, and Realising value (trade sales, initial public offerings).
applies in this implementation
A comprehensive sweep through all of the major fundraising options although access to some of them are very limited to startup ventures.
Assessment Methods and Criteria
valid for whole curriculum period:
Individual case write-ups, take home exam, group assignment.
applies in this implementation
- 60% based on individual submissions
- 5 meetup assignments (5% each)
- 1 individual write up (10%)
- take home exam (25%)
- 40% based on group project
Workload
valid for whole curriculum period:
Meetups
applies in this implementation
- meetups (18 hours)
- meetup preparation/assignments (40 hours)
- takehome exam (12 hours)
- group project (65 hours)
TOTAL 135 hours
DETAILS
Study Material
applies in this implementation
- Most materials will be made available on MyCourses
- Digital case pack will be delivered to registered students
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
9 Industry, Innovation and Infrastructure
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Spring III
2023-2024 Spring IIIEnrollment :
The course is intended mainly for students majoring Industrial Engineering and Management, those participating in minors of Creativity & Venturing, and Aalto Ventures Program Minor/AVP Startup minor.